Starbucks: Business Case WEb 2.0 - Presentation Transcript
BUSINESS CASE
BUSINESS CASE
WEB 2.0
WEB 2 0
STARBUCKS EXPERIENCE
Introduction
Starbucks stock price down due to poor
customer experience
Company uses Web 2.0 tools to better
understand the customers needs
Read about the implementation process and
evaluate Company`s Web 2.0 activities
What Is Starbucks Finance Pulse ?
Starbucks Corp (SBUX)
Corp.
How About The Competitors ?
Tim Hortons Inc (THI.TO)
o to s c ( O)
Howizgoing ?
g g
Guys, We Have To
Be Open For Our
Be Open For Our
Customers Needs !
YES
SIR !
We need WEB 2.0 !
Aha ! !!
it is about customers
are working for a
company for free
f f
Gotcha !!
Web 2.0 includes a social element where users
generate and distribute content, often with freedom
to share and re‐use. This can result in a rise in the
economic value of the web to businesses, as users
,
can perform more activities online...
Bring Us Your Ideas !
Wow, it Works !
W W k
Somethingg
Goes Wrong
Here ?
If we implement your idea, we may
give you credit on the site, but we
d h b
won’t be compensating customers if
their ideas are chosen
Six Month Latter ..
..... but
Recommendations
Stop exploiting
your customers !
Web 2.0 is not about exploitation,
it is about cooperation !
i b t ti
BE INVOLVED
1. Feedback to everyone personally
2. Award the best and most active users
3. Make
3 M k your t l comfortable
tools f t bl
4. Participate in discussions
p
5. Report you actions
6. Continue to improve the system
ATTENTION IS MORE IMPORTANT
THAN REWARD
1.
1 Only 2% people can create new ideas !
2. Only 10% are ready to share their ideas !
3. Innovators come at first !
4. They
4 Th need a special t t
d i l treatment !
t
Hire the professionals and don`t
don t
experiment with innovators !
They will never come back !
HOW THIS PROJECT
WOULD AFFECT
THE STARBUCKS BRAND ?
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